updated 9/15/2004 3:53:12 PM ET 2004-09-15T19:53:12

XM Satellite Radio Holdings Inc. said Wednesday it is launching a commercial-free online music service in early October called XM Radio Online.

The satellite radio company said it is launching the service for $7.99 per month with existing XM customers able to sign up for $3.99 per month.

To promote the launch, XM said purchasers of Dell Inc.'s Inspiron notebooks and Dimension desktop computers will get a free 30-day trial of the service beginning in mid-October, XM said.

The service and free trial for U.S. customers will be marketed through promotions including Dell catalogs as well as online advertising.

Shares of XM rose 32 cents, or 1.1 percent, to $29.48 while shares of Dell fell 66 cents, or 1.8 percent, to $35.36 in afternoon trading on the Nasdaq.

Copyright 2004 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments